In a significant endorsement of the current pro-business policies, the recent Confederation of Indian Industry (CII) survey demonstrates a robust confidence among private-sector companies in the Indian economy. With 75% of respondents hailing the environment as conducive to growth, this optimism underscores the success of economic reforms and deregulation efforts, setting a promising stage for heightened investment, job creation, and wage growth in the private sector.
New CII Survey Confirms: India's Business Climate Is Booming, Thanks to Pro-Growth Policies
All Versions
Jan-20
Economy
Score: 0.50
CII initiated an Industry survey to assess the pickup in private-sector investments, employment in the private sector and growth in wages in the private sector
From BusinessLine
Jan-20
Economy
Left Variant
Score: 0.20
The Confederation of Indian Industry (CII) conducted a survey that highlights a growing optimism among large private-sector firms about the Indian economy's outlook. While 75% of these firms consider the economic conditions conducive to growth, critics argue this positivity does not necessarily translate into equitable benefits for workers, pointing out ongoing concerns about fair wages, labor rights, and secure employment.
From BusinessLine